Russian billionaire Roman Abramovich has fuelled talk of a massive tunnel between Europe and America by forking out $160 MLN on the world's largest drill. The 19-metre giant will be the first drill capable of boring a four-lane tunnel.
The project would link Russia's far eastern Chukotka region, which Abramovich governs, with America's Alaska.
The tunnel was first mooted by the Tsars and then in the 1990s, but both times it was dumped because of high costs.
President Vladimir Putin is said to back the latest idea, as it would open up lucrative freight routes from Europe and allow Russian gas to be easily exported.
Britain's Daily Mail newspaper reports that Putin has already had secret talks about the project with Washington.
The drill, which will take German firm Herrenknecht AG two years to build, will have to bore through the 55-mile wide Bering Strait.
The giant drill will dwarf the current record-holder – a 15 metre Chinese drill being used for a Yangtze tunnel.
Billionaires Of The World. This site is used in reflecting on the lives of Billionaires. So you can think like them. And expand your world to the impossible to the very possible. When was the last time you sold an airport and made 700M euros?
Monday, June 2, 2008
Billionaire will dig tunnel linking Russia & US
Posted by Jomar Hilario at 12:18 AM
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